AccorHotels looks at taking stake in Air France-KLM
Jun 3, 2018, 9:55 pm
#1
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AccorHotels looks at taking stake in Air France-KLM
Jun 3, 2018, 11:34 pm
#3
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This has been announced yesterday evening in the AF forum of FT. For those of you who speak French, here is a more detailed article from Les Échos :
https://www.lesechos.fr/industrie-se...at-2180829.php
https://www.lesechos.fr/industrie-se...at-2180829.php
Jun 3, 2018, 11:36 pm
#4
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Jun 4, 2018, 1:07 pm
#11
Join Date: Nov 2013
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some analysts questioned the logic of a stake purchase.
AccorHotels’ board of directors contains former French President Nicolas Sarkozy, potentially a useful presence for any talks with the government over Air France KLM.
BTW, I did not realize he sits on Accor's board. Suddenly, I do not feel like booking an Accor Hotel... :/
Jun 4, 2018, 1:13 pm
#12
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Jun 4, 2018, 4:49 pm
#13
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Dumb. Barely any coverage of 2 most popular traveller destinations - USA and Japan - and they are buying a steak in an airline. What exactly has the management been smoking? I want that too...
Jun 4, 2018, 6:18 pm
#14
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Jun 6, 2018, 12:40 am
#15
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from the Financial Times :
"If Accor were to buy the state’s stake in Air France-KLM, the French government could receive a 3 per cent stake in Accor as a result of a share swap. This would make Accor less vulnerable to a hostile takeover, with Chinese rivals circling the group, according to bankers".
"If Accor were to buy the state’s stake in Air France-KLM, the French government could receive a 3 per cent stake in Accor as a result of a share swap. This would make Accor less vulnerable to a hostile takeover, with Chinese rivals circling the group, according to bankers".
